Australian Stock Market is one of the most capitalised and well developed Stock Market in the world. The Market capitalisation of the Australian stock market is around A$1.9 trillion. The headquarters of the Australian stock market is situated in Sydney.
Australia's stock market struggled to regain ground during the pandemic. That's why I recommend not to invest money in the ASX. Comax Invest - here you can read more about it and get recommendations from investment analysts. Coronavirus pandemic is a great time for professional investors due to the increased volatility.